Detour Gold Doesn't Recommend Shareholder OK of

Global measured and indicated mineral resources of 20.5 million ounces (inclusive of mineral reserves)

Advancing North America's 4th Largest Gold Reserves Towards Development

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Detour Gold Doesn't Recommend Shareholder OK of

posted on Jan 04, 2017 01:12PM

TRC Capital Mini Tender Offer; Rises 3%

2017-01-04 11:36:00 AM ET (MT Newswires)

11:36 AM EST, 01/04/2017 (MT Newswires) -- Detour Gold (DGC.TO) added 3% in recent trade after it said it doesn't recommend that shareholders approve the unsolicited mini tender offer from TRC Capital to buy up to 5 million shares, or about 2.9% stake, in the company for $15.25 apiece.

Detour Gold shareholders who have already tendered their shares may withdraw their shares at any time before 12:01 am ET on Jan. 27.

DGC moves at the lower half of 52-week range $14.36 - $35.93.

Price: 19.65, Change: +0.65, Percent Change: +3.4

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